About meHello everyone, if you are reading this, then you are interested in my trade and I am very happy about it
My name is Manas Dhali, and I have been trading forex for more than 10 years. It was a long journey of trial and error.
EURUSD Least week broke the key level 1.2150.
Now it’s conformed go down till next support level 1.2000
If EURUSD get any price action conformation from 1.2000 support level, So it’s go long 1.2150 & 1.2330 resistance level.
Alternatively, Daily candle close below the support 1.2000, It will go down next support level 1.1620 level.
Decision
I will wait for...
NZDUSD is another one that played out perfectly last week
Don’t forget too that NZDUSD is still trading below 0.6200, which is the multi-year trend line that broke down in March.
Key support for the week ahead comes in at 0.5860, followed by 0.5650 with resistance coming in at 0.5990
The way the pair has consolidated within a descending channel following the March rally looks constructive to me.
Furthermore, the USDCAD has been pushing on channel resistance while carving higher lows.
That’s indicative of an upcoming bullish break.
I could be wrong, and the 1.4130/40 resistance area could turn USDCAD lower this week.
In which case, keep an...
GBPUSD worked out beautifully for us last week.
Following the May 11th close below wedge support at 1.2360, that area became new resistance on May 12th.
The wedge pattern below and the potential for a move below 1.2360
You can also see how GBPUSD was “leaning” on support for several days.
With GBPUSD now below 1.2200, that area becomes resistance with support...
Another week, another round of consolidation for EURUSD.
The pair continued to pressure the 1.0770/80 support area last week, a level that aligns with the multi-year trend line from the 2000 lows.
As I’ve said for weeks, sellers need to clear that 1.0750 region on a monthly closing basis to confirm the breakdown in the multi-decade uptrend.
Of course, a daily...
GBPJPY Break out H1 trend line if break 132.00 H1 resistance level so we can go for long.target next resistance 133.00 & 135.40
You can join my telegram for instant forex analysis t.me/manasfxtrading
contact me
whatsapp +8801711357386
telegram: t.me/fxmanas
USDCAD Breaking out the neckline so we can go for short till next support 1.3860 level after break out.
You can join my telegram for instant forex analysis t.me/manasfxtrading
contact me
whatsapp +8801711357386
telegram: t.me/fxmanas
